Touei Housing (TSE:8875) Cash-to-Debt : 0.41 (As of Jul. 2013)

View and export this data going back to . Start your Free Trial

What is Touei Housing Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Touei Housing's cash to debt ratio for the quarter that ended in Jul. 2013 was 0.41.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Touei Housing couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2013.

The historical rank and industry rank for Touei Housing's Cash-to-Debt or its related term are showing as below:

TSE:8875's Cash-to-Debt is not ranked ^*
in the Real Estate industry.
Industry Median: 0.255
* Ranked among companies with meaningful Cash-to-Debt only.

Touei Housing Cash-to-Debt Historical Data

The historical data trend for Touei Housing's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Touei Housing Cash-to-Debt Chart

Touei Housing Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Cash-to-Debt

0.08

0.50

0.57

0.46

0.39

Touei Housing Quarterly Data
	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13
Cash-to-Debt	Get a 7-Day Free Trial						0.51	0.30	0.39	0.34	0.41

Competitive Comparison of Touei Housing's Cash-to-Debt

For the Real Estate Services subindustry, Touei Housing's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Touei Housing's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Touei Housing's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Touei Housing's Cash-to-Debt falls into.

Touei Housing Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Touei Housing's Cash to Debt Ratio for the fiscal year that ended in Jan. 2013 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12750	/	(32194	+	688)
	=	0.39

Touei Housing's Cash to Debt Ratio for the quarter that ended in Jul. 2013 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	14351	/	(34078	+	602)
	=	0.41

Touei Housing (TSE:8875) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Touei Housing Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Touei Housing's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Touei Housing (TSE:8875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Touei Housing Corporation (TSE:8875) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.touei.co.jp

Touei Housing Corporation is a real estate company. It operates in residential and real estate businesses, with Detached Housing sales business as their core business. Its activities include sale of lots of land, construction contracting among others.

Touei Housing (TSE:8875) Headlines

No Headlines